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Interest Rates

Oil soars on Middle-East tensions

by Walter Watson
Oil soars on Middle-East tensions

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Unemployment rate unchanged in July, though jobless rate for young people continued to rise

by Anas Siddiqui
Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed …

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U.S economy is not heading for a recession, says Bank of America CEO

by Ron Morgan
U.S economy is not heading for a recession, says Bank of America CEO

Despite last week’s meltdown in the US stock market and an increase of 4.3% in unemployment, CEO of Bank of America, Brian Moynihan, has said that he has not seen …

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Harris responds to Trump Fed comments; readies economic policy plan

by Vera Ward
Harris responds to Trump Fed comments; readies economic policy plan

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., …

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How to Navigate the Real Estate Market in a High Interest Rate Environment

by Edgar Davis
How to Navigate the Real Estate Market in a High Interest Rate Environment

Opinions expressed by Entrepreneur contributors are their own. In our economy, interest rates have always played a pivotal role in shaping trends, influencing buyer behavior and ultimately determining a market’s …

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Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

by Anas Siddiqui
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to …

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Australia’s central bank says current policy causes households pain

by Walter Watson
Australia’s central bank says current policy causes households pain

Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening …

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Nvidia rallies after sell-off, lifts S&P 500 and Nasdaq

by Walter Watson
Nvidia rallies after sell-off, lifts S&P 500 and Nasdaq

Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 3, 2024, in New York City. Angela Weiss | AFP | Getty Images This …

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Dow up as banks, energy stocks rise; Nvidia sinks

by Walter Watson
Dow up as banks, energy stocks rise; Nvidia sinks

Traders work on the floor of the New York Stock Exchange in New York City, Sept. 28, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, …

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Dow jumps as investors rotate out of tech; Nvidia sinks

by Walter Watson
Dow jumps as investors rotate out of tech; Nvidia sinks

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC …

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